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Hubtown Ltd
NSE: HUBTOWN BSE: 532799
₹195.04
(1.48%)
Wed, 24 Jun 2026, 10:31 am
Market Cap (in Cr)2813.59
PE Ratio18.32
Dividend0
Finance
Real Estate Development
24.5KCompany History
1977
- The Promoters started their activities under the name and style of Vishal Constructions, a partnership firm.
1989
- Akruti Nirman Private Limited was incorporated on February 16, 1989.
1994
- The registered office address of the Company was changed to Maratha Mandir Annex, 1st Floor, Maratha Mandir Road, Opposite Bombay Central Station, Mumbai - 400008.
1995
- The Company joined the SRA scheme with the Government of Maharashtra and received Transferable Development Right Certificate (TDR) bearing certificate No. SRA/001.
1996
- The registered office address of the Company was changed to 2nd & 4th Floor, Mukhadhyapak Bhavan, Plot no. 6B, Road no. 21, Sion (W), Mumbai - 400022.
1998
- The Company started construction of one of the first few private software parks, Akruti Softech Park, at MIDC at Andheri (East).
1999
- The Company was awarded for valuable contribution to Slum Rehabilitation Project presented by Accomodation Times.
2001
- The Company received ISO 9001:2000 rating from International Quality Systems.
- Vishal Constructions was dissolved.
2002
- The Company completed construction of Akruti Arcade, a Commercial Project at Andheri (West), Mumbai.
- The Company received DA2 certification from CRISIL.
- Akruti Nirman Private Limited was converted into a public limited company.
2003
- The Company completed the construction of two landmark projects, Akruti Trade Centre and Akruti Business Port.
- The Company was presented the Mother India award for excellence in IT Infrastructure Development by Outsourcing 2India.
- The registered office of the Company was changed to the Akruti Trade Centre, Road No. 7, Marol MIDC, Andheri (East), Mumbai - 400093, Maharashtra.
2004
- The Company was presented an award for active participation and valuable contribution to construction industry, presented by the Practicing Engineering, Architecture and Town Planning Association of India.
2005
- The Company received reaffirmed 'DA2' rating from The Credit Rating Information Services of India.
2006
- One of the few Private players to deliver free houses to Slum Dwellers, currently totaling over 9,300.
2007
- The name of Akruti Nirman Limited was changed to Akruti City Limited.
- The Company changed its name from Akruti Nirman Ltd.to Akruti City Ltd.
2008
- HDIL & Ackruti City eye creamy south mumbai redevelopment pie.
- Country's first twenty storey parking in Mumbai.
- Akruti City bags two awards at artists in Concrete Awards 2007.
2009
- Akruti's Just Perfect homes gets excellent response.
- Akruti's Just Perfect homes creates a frenzy.
- Ackruti City to set up Rs. 300 cr Textile Park.
2010
- Ackruti City BKC Project gets 3 certifications.
- Slum redevelopment to propel real estate growth.
- CNBC CRISIL-CREDAI Real Estate Awards 2009.
2011
- Ackruti Launches Premium residential project in Andheri.
- Ackruti City Changes Brand Name.
- Ackruti City launches Hillcrest project.
- Ackruti rebranded as Hubtown.
- The Company changed its name from Ackruti City Ltd. to Hubtown Ltd.
2012
- Hubtown launched 20 - 80 scheme in residential segment.
- Hubtown launched 20 - 80 payment scheme at 2 residential projects.
- The Registered Office of the Company was shifted to 'Hubtown Solaris', 2nd floor, N. S. Phadke Marg, Opp. Telli Gully, near Hotel Regency Andheri (East), Mumbai - 400069.
2013
- The Board recommended a dividend of Rs. 1/- (10%) per share of Rs. 10 each for the year 2013.
2014
- The Registered Office of the Company was shifted to Ackruti Center Point, 6th Floor Central Road, Marol MIDC Andheri (East), Mumbai 400093.
- The Board recommended a dividend of Rs. 1/- per equity share of face value of Rs. 10/- per share.